Cheap Apartments for Rent in Okaloosa County, FL from $400 (66 Rentals)

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Search the lowest-cost Apartments available for rent right now in Okaloosa County.

property at 125 NW Alabama Ave

$995

1 Bedroom, 1 Bath Home for Rent

Available Now

125 NW Alabama Ave

Fort Walton BeachFL32548

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 102 Chicago Ave SE

$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

102 Chicago Ave SE

Fort Walton BeachFL32548
property at 201 Taylor St

$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

201 Taylor St

Fort Walton BeachFL32547

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 565 Florosa Ct

$1,250

2 Bedroom, 2 Bath Home for Rent

Available Now

565 Florosa Ct

Mary EstherFL32569
property at 207 Fourth St SE

$1,250 - $1,450

Studio To 1 Bedroom Rentals

Available Now

207 Fourth St SE

Fort Walton BeachFL32548

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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property at 1851 Norwood Ct

$1,350

2 Bedroom Rentals

Available Now

1851 Norwood Ct

Fort Walton BeachFL32548
property at 1850 Norwood Ct

$1,350

2 Bedroom Rentals

Available Now

1850 Norwood Ct

Fort Walton BeachFL32548

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Glenwood Apartments
1 to 2 Bedroom Apartments

Glenwood Apartments

50 Kelly AveFort Walton Beach, FL 32548
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Miramar Apartments
2 to 3 Bedroom Apartments

Miramar Apartments

1005 Martin Luther King Jr AveCrestview, FL 32536
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Twin Oaks
2 Bedroom Apartments

Twin Oaks

140 Banner CtCrestview, FL 32539
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Niceville Apartments
2 Bedroom Apartments

Niceville Apartments

203 Kelly RdValparaiso, FL 32580
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Inntown Apartments
1 to 2 Bedroom Apartments

Inntown Apartments

795 N Wilson StCrestview, FL 32536

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Cheapest Available Okaloosa County Apartments for Rent

 

The cheapest available apartment rental in Okaloosa County, FL is a 1 Bed unit found at Princeton Grove in the Shoal River Ranch neighborhood priced from $325. Shoreline Villas in the Sylvania Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,080. Here is today’s list of the most affordable Okaloosa County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Princeton Grove1/1 Bedroom1BR,1BA$325
Shoreline Villas1/1 Bedroom1BR,1BA$1,080
Heather Glenn5091BRTC1BR,1BA$1,090
Villager ApartmentsA11BR,1BA$1,130
Bel Aire TerraceThe Venice1BR,1BA$1,188
The LyleA11BR,1BA$1,199
Elevate at 604 West1 x 11BR,1BA$1,199
Merrimac Manor Apartments2x1.5 1300 - NO AVAILABILITY2BR,1BA$1,200
Falcon HouseA11BR,1BA$1,245

Best Value Apartments for Rent in Okaloosa County, FL

As of July 16, 2026 the best value apartment in the Okaloosa County area is the $1.14 price per square foot Main Model at Grande View Townhomes in the in the Sylvania Heights neighborhood starting from $2,000. The second greatest value Okaloosa County apartment is the 3x2 Model at Retreat at Redstone starting at $1,847 with a $1.06 price per square foot in the Shoal River Ranch neighborhood. Here is today’s list of the best values for Okaloosa County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grande View TownhomesMain3BR,2.5BA$1.14
Retreat at Redstone3x23BR,2BA$1.06
Keystone Townhomes3 bedroom3BR,2.5BA$1.16
Merrimac Manor Apartments2x1.5 1300 - NO AVAILABILITY2BR,1.5BA$0.92
ADDISON PLACE3 Bed 2 Bath3BR,2BA$1.00
The DorianB1.1.5THU2BR,2BA$1.21
Courtland TerraceMain2BR,1.5BA$1.22
Cross Oaks Apartments2x1 Cross Oaks2BR,1BA$1.21
32A 5th St, Unit 32 A 5th St32A 5th St2BR,1BA$1.29
Princeton Grove2/2 Bedroom2BR,2BA$0.65

Frequently Asked Questions about Cheap Okaloosa County Apartments

What is the Cheapest Studio apartment in Okaloosa County?

Currently the most affordable Cheap Studio Apartment in Okaloosa County is at The Preserve at Henderson Beach listed at $1,633.

How much is rent for a Cheap One Bedroom Okaloosa County Apartment?

The lowest price for a Cheap One Bedroom Okaloosa County Apartment is $325 at Princeton Grove.

What is the lowest price for a Cheap Two Bedroom Okaloosa County Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Okaloosa County is starting from $586 at Princeton Grove.

What is the most affordable Okaloosa County Three Bedroom Apartment?

The best deal on a cheap Okaloosa County Three Bedroom Apartment rental is at ADDISON PLACE and starts from $1,299.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.